What are your Account Types?

Last Updated: Aug 15, 2017 06:27PM NZST

BlackBull offers three types of accounts depending on the requirements of our clients. These accounts are Standard, Prime, and Institutional. In addition to these account types, an Islamic law variant is available for all accounts.

Account Types:

Standard Account

A Standard Account is best suited for the more casual trader. Less professional services are available, however, there is still full access to every BlackBull Markets product. Lower overall costs for lower volume trading. Minimum deposit of USD$200.00. If you would like to open a Standard Account, click here!

Prime Account

A Prime Account is BlackBull Markets’ most common account offered. It is the most balanced account available, allowing clients access to more professional services than the Standard Account while charging a USD$3.00 commission per USD$100,000.00 (USD$6.00 standard round turn commission) traded. Minimum deposit USD$2,000. If you would like to open a Prime Account, click here!

Institutional Account

The Institutional Account is the most comprehensive account available for BlackBull’s clients. This account is catered toward longer term, higher volume traders with an established trading history. The custom and varying nature of this account allows for the development of a trading package that is best suited to the specific individual needs of clients. Minimum deposit USD$20,000.00. If you would like to open an Institutional Account, click here!

Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.